Job Application for Finance Manager at Stitch Money

About Stitch

Stitch is a payments infrastructure company on a mission to make it easier for enterprise businesses to connect to the financial system and build better experiences for their customers.

We are expanding the team to enable Stitch to broaden our product offering and extend our geographical footprint.

Role Overview

The Financial Controller will play a critical role in developing the financial operation. The role presents a great opportunity to grow the finance function in a rapidly growing business; extending the functions where necessary including integrating acquisitions and developing new business plans for new license applications. The role’s primary focus is to ensure the accuracy and integrity of financial data, and providing strategic financial guidance to the executive team. This position requires a deep understanding of financial management within the payments industry, a strong analytical mindset, and the ability to lead a finance team effectively. Opportunity exists for role growth to become Head of Finance/CFO.

Key Responsibilities

Financial Reporting:

Prepare and present accurate financial statements, reports, and analyses in compliance with local regulations and international accounting standards.
Oversee monthly, quarterly, and annual financial reporting processes, ensuring timely submission to management and stakeholders.
Monitor key financial metrics, identifying trends, and providing insights to support decision-making.

Budgeting & Forecasting:

Lead the annual budgeting process, working closely with department heads to develop comprehensive financial plans.
Prepare forecasts and financial projections to guide strategic planning and resource allocation.
Analyze variances between actual and budgeted figures, providing explanations and recommendations for corrective actions.

Cash Flow Management:

Monitor cash flow to ensure sufficient liquidity for operational needs and strategic investments.
Manage relationships with banks and financial institutions to optimize funding arrangements and minimize costs.
Implement and maintain effective cash management strategies and controls.

Internal Controls & Compliance:

Develop, implement, and maintain robust internal control systems to safeguard company assets and ensure compliance with regulatory requirements.
Conduct regular financial audits and reviews to ensure the accuracy and integrity of financial records.
Liaise with external auditors during annual audits and ensure timely resolution of audit findings.

Team Leadership & Development:

Lead, mentor, and develop the finance team (2), fostering a culture of excellence, accountability, and continuous improvement.
Provide training and development opportunities to enhance the team’s skills and knowledge.
Conduct performance evaluations and manage team dynamics to ensure optimal productivity.

Strategic Financial Planning:

Collaborate with the executive team to develop and implement long-term financial strategies that align with the company’s goals.
Provide financial insights and recommendations to support business growth, cost management, and profitability enhancement.
Evaluate financial risks and opportunities, advising on potential impacts and mitigation strategies.

Requirements

Educational Qualifications:

Chartered Accountant (CA(SA)) or equivalent professional qualification with relevant experience.

Experience:

Minimum of 5-7 years of experience in a financial management role, preferably within the payments industry or a related sector.
Strong knowledge of financial reporting standards, regulatory requirements, and best practices in financial management.
Proven experience in budgeting, forecasting, and financial analysis.
Demonstrated experience with SQL for data extraction and analysis, or a strong eagerness to rapidly upskill in SQL to support data-driven decision-making.

Skills & Competencies:

Excellent leadership and team management skills, with a track record of developing high-performing teams.
Advanced proficiency in financial software and tools (e.g., ERP systems, Excel).
Strong analytical and problem-solving abilities, with a keen eye for detail.
Excellent communication and interpersonal skills, with the ability to present complex financial information clearly and concisely.

Benefits & Perks

🏖️ Remote-friendly Work

We recognise and value the importance of enabling remote work and maintaining a globally distributed workforce. We cater to equitable employee experiences for both in-office and remote team members. We remain conscientious about ensuring a level playing field, especially around team events, business meeting practices, and office-driven benefits. While we facilitate remote work, we also see the value in bringing the full team together in person from time to time.

🎨 Stock Ownership*

We believe in the power of ownership. That's why every full-time team member becomes a part-owner of Stitch. Our employee stock ownership plan ensures that when the company thrives, you do too.

⏰ Time Off*

Taking time off from work is critical to ensure that you can take necessary breaks and have time for important life events outside of work. It also helps you manage your energy better. In line with this, we provide a generous annual leave policy, along with supportive family responsibility, parental, study, and long-tenure sabbatical leave options, designed to accommodate the diverse needs of our team.

📚 Learning & Development Fund*

We are committed to the professional growth of our team. Each year, we allocate $3,000 per full time team member for learning and development, supporting a culture of continuous improvement and skill enhancement.

🩺 Health Insurance Contribution*

Recognising the importance of health and well-being, we contribute to health insurance for all team members and provide group health insurance schemes in certain jurisdictions.

💻 Equipment

To ensure our team has the tools they need, new members receive a brand-new Mac laptop along with the necessary peripheral equipment upon joining Stitch.

💜 Employee Assistance Programmes

We care about the well-being of our team. Our Employee Assistance Programmes provide you with the necessary resources and support to not only excel in your job but also to thrive in your personal life. Whether it's counselling, advice, or support services, we're here to help every step of the way.

Other notable benefits and perks

Celebrations for important life and work milestones
Daily team lunches in the Cape Town office
Bi-annual work retreats
New starter dinners
Frequent team and company events

Compliance with POPIA
Our processing of your Personal Information is subject to, and in compliance with, the provisions of POPIA.

Privacy and security of your information
We will process your information only on instructions from you, which we are deemed to have received when you submit information on our website. We will maintain the confidentiality and security of such information per the standards contained in the POPIA, which requires us to adopt reasonable safeguards to protect the integrity and confidentiality of such information from unauthorized access, loss or destruction.

*these benefits are applicable for full-time staff members but may not apply for fixed-term and part-time staff

Finance Manager